Which one of the following is not a money market securities. Choose correct option and explain and also explain incorrect options and also explain summary A•Treasury bills B•National savings certificate C•Certificate of deposit D•Commercial paper

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter1: An Overview Of Financial Management And The Financial Environment
Section: Chapter Questions
Problem 12MC: What are financial securities? Describe some financial instruments.
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Which one of the following is not a money market securities. Choose correct option and explain and also explain incorrect options and also explain summary A•Treasury bills B•National savings certificate C•Certificate of deposit D•Commercial paper

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